Playtime: Propel Equity Acquires Summit Products' Assets

May 20, 2014

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Summit Products

Propel Equity Partners has acquired substantially all the assets of Summit Products, which includes toy brands such as Backyard Safari, Zillionz, Covert Force, Test Pilot and more. In a separate transaction, PEP also acquired CitiBlocs, a line of precision cut wood construction blocks. All the brands will be incorporated into the Alex Brands family, which PEP has been steadily growing over the past few years.